Howard Morgan First Round Capital

Howard Morgan Partner First Round Capital

Morgan explained his firm’s investing strategy. “We were the first ones to do seed-stage investing professionally. [] We also knew [] how the venture model worked, where you couldn’t afford to fail. The key to our strategy is failing cheap. The one lesson [] for all entrepreneurs is, ‘If you’re going to fail, fail quick and cheap.’ There’s no stigma in failing that way. But if you blow a hundred million bucks, big stigma.” Howard Morgan, from the book, Mastering The VC Game by Jeffrey Bussgang, copyright 2010, pg 65-66